Business

Accenture's second quarter results and FY23 guidance were as positive as its order wins. Brokerages such as Nirmal Bang and JM Financial said while one can draw the conclusion that Accenture's strong show is reflective of healthy demand, it…

Shares of Sundaram-Clayton Ltd slumped in Friday's trade amid heavy volumes. The stock cracked 20 per cent to hit a day low -- also its lower price band -- of Rs 3,858.80 over its previous close of Rs 4,823.45. The sharp movement in the…

Jefferies' Christopher Wood in his latest GREED & fear note said there is potential for renewed outperformance by India in an Asian and emerging market context. Valuation-wise, he said India’s valuation premium vi-a-vis China is in line…

Jefferies' Christopher Wood in his latest GREED & fear note said there is potential for renewed outperformance by India in an Asian and emerging market context. Valuation-wise, he said India’s valuation premium vi-a-vis China is in line…

Benchmark indices settled in red on Thursday after a two-day recovery amid negative global cues. Selling pressure was seen in the blue-chip counters. Sensex dropped more than 289.31 points, or 0.50 per cent, to 57,925.28 and Nifty50 shed 75…

Dalal Street snapped a two-day winning streak on Thursday and settled lower. The fag-end selling pressure amid the weekly F&O expiry dragged the indices lower. The BSE barometer Sensex shed 290 points, or 0.50 per cent, to 57,925.28.…

Shares of Asian Paints Ltd have declined 8.17 per cent in 2023 so far, in sync with a 5.30 per cent drop in the domestic equity benchmark BSE Sensex. The stock settled 1.49 per cent lower at Rs 2,797.40 today. The counter has slipped 22.08…

Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022.David Paul Morris | Bloomberg | Getty ImagesDarden Restaurants on Thursday raised its revenue outlook for fiscal 2023 for the second…

The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021.Al Drago | Bloomberg | Getty ImagesFord Motor said Thursday its electric vehicle business lost $2.1…

Bulls took a breather on Thursday as domestic benchmark indices settled in red after a two-day recovery, thanks to the negative global cues. Bears emerged victorious during the fag-end of the session as the selling pressure mounted in the…

Market regulator Sebi would soon take action against at least four companies that were allegedly pushing stock tips via social media without authorisation, Reuters reported quoting documents and two sources with direct knowledge of the…

Chinese tech giant Tencent released quarterly results Wednesday.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing…

Yudiz Solutions, a blockchain, artificial intelligence and game development company, has filed draft papers for IPO with the capital markets regulator SEBI. It is an SME issue and will be listed on the NSE Emerge platform.The issue will…

ICICI Securities has upped its target on Lemon Tree Hotels to Rs 132 a piece from Rs 125 a piece, suggesting a potential 75 per cent upside over its Thursday's intraday price of Rs 75.24 a piece. To recall, Lemon Tree Hotels had December…

ICICI Securities has upped its target on Lemon Tree Hotels to Rs 132 a piece from Rs 125 a piece, suggesting a potential 75 per cent upside over its Thursday's intraday price of Rs 75.24 a piece. To recall, Lemon Tree Hotels had December…

A small-cap multibagger stock, which has surged more than 200 per cent in the past five years, cracked in Thursday's trade following a review by CARE Ratings. Glass manufacturer Agi Greenpac Ltd, formerly known as HSIL Ltd, dived 10.25 per…

NSE has decided to discontinue the 'Do Not Exercise' (DNE) facility for Future & Option (F&O) traders from March 29, 2023. However, the facility will continue for Index Options traders.   On Monday, NSE Clearing Ltd issued a…

Shares of IndusInd Bank have risen 36% from their 52-week low, extending gains for the third consecutive session today. IndusInd Bank stock hit a 52-week low of Rs 763.75 on June 23, 2022 and was trading at Rs 1,041 in the afternoon session…

Chasing the portfolio of well-known individual investors on Dalal Street can sometimes help you to identify a stock which may deliver you solid returns even in a tough time. One such stock is Safari Industries which has rallied 106 per cent…

Shares of Maruti Suzuki rose 2 per cent in Thursday's trade after the car maker said it would pass on some of the cost pressure to consumers by raising vehicle prices from April 1. The price increase would vary across models, it told stock…

Shares of GR Infraprojects jumped more than 8 per cent during the early trading session on Thursday after the company emerged as the lowest bidder (L-1 bidder) for a couple of orders exceeding Rs 4,500 crore in two states of India. The…

From a sub-Rs 7 lakh crore to near Rs 10 lakh crore-mark, the combined market capitalisation (m-cap) of Adani group companies has recovered sharply, thanks to recent steps taken by the Gautam Adani-led group to allay investor concerns over…

Shares of country’s largest lender State Bank of India (SBI) are expected to give 39% returns in a year, says a report by financial services firm Motilal Oswal. In the last one year, the SBI stock has gained 7% compared to a minor return of…

Benchmark indices extended gains for the second straight session on Wednesday amid a choppy trading session. However, the gains were capped ahead of the US FOMC policy outcome, which kept the traders on the tenterhooks. Sensex added 139.91…

The two-day offer for sale (OFS) by Hindustan Aeronautics (HAL) will kick off on Thursday. Shares of Mishra Dhatu Nigam (Midhani) will turn ex-dividend today. The boards of Power Finance Corportion (PFC) and Indraprastha Gas (IGL) will…

Shares of Paytm's parent, One 97 Communications Ltd, extended their gains for the second straight session on Wednesday. The stock today settled 6.87 per cent higher at Rs 624.55. It has jumped 11.68 per cent in two consecutive days.…

Shares of HCL Technologies on Wednesday extended their fall for the third consecutive session. The stock today settled 0.26 per cent lower at Rs 1,081.20. Around 36,000 shares changed hands today on BSE, which was half compared to the…

Mukesh Ambani, 65, emerged as the ninth richest person in 2023 M3M Hurun Global rich list, beating Gautam Adani, 61, hands down, even as shares of its flagship Reliance Industries fell sharply in the last one year. Ambani was worth $82…

US Federal Reserve looks set to announce a 25 basis points rate hike in the next couple of hours, following a 50 basis points rate hike by ECB last week. The policy outcome and, more so, commentary on the US banking sector would matter a…

Shares of online food aggregator Zomato have slipped around 12 per cent in 2023 so far. Yet, brokerages suggested a sharp upside potential upside on the counter over a one-year period. HSBC Global Research has maintained a 'Buy' rating for…